PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Form T1079
for the current year.
Form T1079 Designation of a Property as a Principal Residence by a Personal Trust - Canada
Form T1079 - Designation of a Property as a Principal Residence by a Personal Trust in Canada is used to designate a property as a principal residence by a personal trust for tax purposes.
In Canada, the Form T1079 Designation of a Property as a Principal Residence by a Personal Trust must be filed by the personal trust that owns the property.
FAQ
Q: What is Form T1079?
A: Form T1079 is a form used in Canada to designate a property as a principal residence by a personal trust.
Q: What is the purpose of Form T1079?
A: The purpose of Form T1079 is to declare and designate a property as a principal residence for tax purposes.
Q: Who can use Form T1079?
A: Form T1079 can be used by personal trusts in Canada to designate a property as a principal residence.
Q: Why would someone use Form T1079?
A: Someone would use Form T1079 to ensure that a property owned by a personal trust is eligible for the principal residence exemption for tax purposes.
Download Form T1079 Designation of a Property as a Principal Residence by a Personal Trust - Canada
1
2
3
4
5
6
